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Updated 22 minutes ago

Bank of Japan Sees `Downside' Risks to Economy, Keeps Rate Target ...

Bloomberg - Mayumi Otsuma - ‎47 minutes ago‎
Sept. 17 (Bloomberg) -- Japan's central bank signaled it remains concerned about the strength of a recovery even after raising its assessment of the nation's economy.

Oracle's Earnings: Summer Doldrums Set In

BusinessWeek - Aaron Ricadela - ‎2 hours ago‎
Oracle's (ORCL) Sept. 16 report of weaker-than-expected fiscal first-quarter sales signals that companies aren't rushing to spend on technology, even as the US begins to emerge from the recession.

Skype founders sue eBay, investors

Reuters - Gabriel Madway - ‎3 hours ago‎
SAN FRANCISCO, Sept 16 (Reuters) - The founders of Skype have sued owner eBay Inc (EBAY.O) and an investor group that has agreed to buy the Webphone service, accusing them of copyright violation and potentially disrupting the $1.9 ...

OIL FUTURES: Crude Stays Above $72 On Equities, Dollar

Wall Street Journal - ‎2 hours ago‎
SINGAPORE (Dow Jones)--Crude oil futures Thursday stayed above $72 a barrel on support from lower US crude stocks, stronger equities and a weak US dollar.

Fear of inflation spike receding

MiamiHerald.com - Jim Wyss - ‎3 hours ago‎
Local consumers saw price declines on the back of lower transportation and apparel costs. National data suggests inflation is in check.

Northrop Grumman Chairman to Retire

Washington Post - Mike Musgrove - ‎2 hours ago‎
Northrop Grumman hairman and chief executive Ronald D. Sugar will retire in June 2010, the company said Wednesday. "At some point you have to say it's time to pass the baton," Sugar said in an interview.

Roche's MabThera Shows Good Results In Late-Stage Trial

Wall Street Journal - ‎2 hours ago‎
By Julia Mengewein ZURICH (Dow Jones)--US biotech company Genentech Inc. (DNA), a unit of Swiss drug maker Roche Holding AG (ROG.VX), said Thursday its cancer and rheumatoid arthritis drug Rituxan, marketed as MabThera in the European Union, ...

SEC to Consider Flash-Order Ban, Rules for Credit-Rating Firms

Bloomberg - Jesse Westbrook - ‎3 hours ago‎
Sept. 17 (Bloomberg) -- The US Securities and Exchange Commission will consider banning flash trading and imposing new rules on credit-rating companies that drew fire for misreading the risks of investing in toxic mortgage securities ...

Homebuyer Tax-Credit Extension Gains Lawmaker Support

Bloomberg - Dawn Kopecki - ‎10 hours ago‎
Sept. 16 (Bloomberg) -- An extension of the $8000 US homebuyer tax credit is gaining support in the Senate as bill sponsor John Isakson said he is rallying lawmakers to continue a program that helped boost home sales by more than 1 ...

Simon left his stamp on a city

Indianapolis Star - Will Higgins, Jeff Swiatek - ‎3 hours ago‎
When the US Army drafted a rough-hewn young man from New York City and sent him to Fort Benjamin Harrison, who could have known the profound effect he would have on Indianapolis?

FDIC Tests Sale of $1.3 Billion in Loans

Wall Street Journal - Carrick Mollenkamp, Michael R. Crittenden - ‎4 hours ago‎
A government program aimed at helping solvent banks get rid of bad loans is being used to help federal officials deal with an increasingly bloated portfolio of assets from seized banks.

End the Fed? Ron Paul Is Wrong for All the Right Reasons: Books

Bloomberg - James Pressley - ‎8 hours ago‎
Sept. 17 (Bloomberg) -- “The bank is trying to kill me,” President Andrew Jackson declared. “But I will kill it!” And throttle it he did, thwarting a bid by the second Bank of the United States to extend its charter beyond 1836.

Financial-crisis commission's challenge: staying bipartisan

Los Angeles Times - Jim Puzzanghera - ‎6 hours ago‎
The federal panel probing the origins of the crisis skews Democratic. Leaders Phil Angelides and Bill Thomas are known as aggressive partisans.
Wall Street under the microscope San Francisco Chronicle

Housing Starts in US Probably Increased to Nine-Month High

Bloomberg - Bob Willis - ‎4 hours ago‎
Sept. 17 (Bloomberg) -- Builders in the US probably broke ground in August on the most houses in nine months, another sign the industry that precipitated the worst financial crisis since the Great Depression is stabilizing, ...

Nippon Life Invests $500 Million in Prudential

Wall Street Journal - Lavonne Kuykendall - ‎2 hours ago‎
Prudential Financial Inc. said Wednesday in the US after the market close that Nippon Life Insurance Co. has signed an agreement to purchase a $500 million 10-year exchangeable surplus note.

Government to stop taking oil, natural gas for royalties

Houston Chronicle - Jennifer A. Dlouhy - ‎3 hours ago‎
WASHINGTON - Interior Secretary Ken Salazar on Wednesday announced he was ending a disputed program that allows energy companies to use oil and natural gas - instead of cash - to pay the government ...

Stocks spike to 1-year highs

CNNMoney.com - ‎10 hours ago‎
Economic optimism helps Wall Street extend gains, with the Dow, Nasdaq and S&P hitting the highest points since fall '08. By Alexandra Twin, CNNMoney.

Brazil's JBS shows a nation on the march

MarketWatch - ‎13 hours ago‎
By MarketWatch SAN FRANCISCO (MarketWatch) -- The Brazilians are coming and they are buying, securing a firm foothold in weakened corners of US agriculture.
JBS SA earns its wings Greeley Tribune

Industrial Output Rises, Providing Latest Clue Economy Is Healing

Washington Post - Neil Irwin - ‎5 hours ago‎
Ford Escapes roll off the line. The country's industrial production rose 0.8 percent last month, following a 1 percent rise in July, the Federal Reserve reports.

Gold Climbs, Erasing Drop, as Dollar Declines on Recovery Signs

Bloomberg - Kim Kyoungwha - ‎2 hours ago‎
Sept. 17 (Bloomberg) -- Gold advanced, erasing an earlier decline, as signs of a recovering global economy spurred demand for precious metals as a hedge against rising inflation.

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